Loading…
Paris November rapeseed rose 1% to 501 euros per tonne, while Winnipeg canola traded around 616 CAD per tonne during the week. Canola is now about $100 per tonne cheaper than European rapeseed because of a weaker euro and Canadian dollar, and Canadian harvest losses were minimal.
A cheaper Canadian canola price shifts EU import demand toward Canadian supply, adding pressure on European rapeseed and the wider oilseed complex.
ukragroconsult.comOct 21, 2024Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
